Burford Capital (Burford Capital) Debt-to-Equity : 0.68 (As of Dec. 2023)

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What is Burford Capital Debt-to-Equity?

Burford Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Burford Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,550.6 Mil. Burford Capital's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,290.9 Mil. Burford Capital's debt to equity for the quarter that ended in Dec. 2023 was 0.68.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Burford Capital's Debt-to-Equity or its related term are showing as below:

BUR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.61 Max: 0.73
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of Burford Capital was 0.73. The lowest was 0.01. And the median was 0.61.

BUR's Debt-to-Equity is ranked worse than
80.71% of 1021 companies
in the Asset Management industry
Industry Median: 0.19 vs BUR: 0.68

Burford Capital Debt-to-Equity Historical Data

The historical data trend for Burford Capital's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Burford Capital Debt-to-Equity Chart

Burford Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.39

0.61

0.73

0.68

Burford Capital Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.73	0.63	0.85	0.69	0.68

Competitive Comparison of Burford Capital's Debt-to-Equity

For the Asset Management subindustry, Burford Capital's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Burford Capital's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Burford Capital's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Burford Capital's Debt-to-Equity falls into.

Burford Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Burford Capital's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	1550.583)	/	2290.858
	=	0.68

Burford Capital's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	1550.583)	/	2290.858
	=	0.68

Burford Capital (NYSE:BUR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Burford Capital Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Burford Capital's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Burford Capital (Burford Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Burford Capital Ltd (NYSE:BUR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BUR:UK 9BFA:Germany

Address

Hirzel Street, Oak House, St Peter Port, GGY, GY1 2NP

Website

https://www.burfordcapital.com

Burford Capital Ltd is a finance firm providing litigation finance, insurance, and risk transfer, law firm lending, corporate intelligence and judgment enforcement, and a wide range of investment activities. It operates in two segments: Capital provision, which is the provision of capital to the legal industry or in connection with legal matters, both directly and through investment in the group's managed funds; Asset management and other services, which includes the provision of services to the legal industry, including litigation insurance; and other corporate. The geographical segments include the United States, United Kingdom, Singapore, Hong Kong, China, and, Australia.

Executives

Alrajhi Turki Saleh A.	other: Director to Mithaq Capital SPC	MITHAQ CAPITAL, C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Muhammad Asif Seemab	other: Director to Mithaq Capital SPC	MITHAQ CAPITAL, C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Capital Spc Mithaq	10 percent owner	C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Capital Mithaq	10 percent owner	C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521